National Insurance Company Announces Vacancy for Actuarial Analyst
7th September 2025, Kathmandu
National Insurance Company Limited, a prominent insurance provider in Nepal, has announced a vacancy for the position of Actuarial Analyst.
National Insurance Company Vacancy
The public notice, published on a Sunday, seeks qualified and experienced candidates to apply for this specialized role. The deadline for applications is September 21, 2025 (Ashoj 5, 2082).
Vacancy and Eligibility Details
The company’s notice specifies the minimum requirements for the Actuarial Analyst position. Applicants must have completed a bachelor’s degree from a recognized academic institution with a minimum score of 60 percent. The age of the applicant should not exceed 35 years at the time of application. While the educational and age requirements are specific, the company also states a preference for candidates with prior professional experience in fields such as actuarial science, risk analysis, insurance, or related financial fields. Interested candidates are required to submit their application along with all necessary documents by the deadline.
Role and Significance of an Actuarial Analyst
An Actuarial Analyst plays a highly technical and specialized role within an insurance company. Their primary responsibilities involve using statistical and financial analysis to assess risk probabilities and to forecast future financial trends. Their work is critical for the stability and sustainability of an insurance company, as they are directly involved in designing and pricing insurance policies to ensure they are both competitive and profitable.
Key responsibilities of this role typically include:
- Risk Analysis: Conducting detailed statistical and financial analyses to assess and quantify various risks.
- Product Pricing: Supporting the development and pricing of new insurance policies to ensure their long-term viability.
- Financial Forecasting: Analyzing historical data to predict future claim trends and financial obligations.
- Regulatory Compliance: Assisting the company in complying with regulatory guidelines and reporting standards set by bodies like the Nepal Insurance Authority.
- Strategic Planning: Contributing to the long-term financial and strategic planning of the company.
The vacancy at National Insurance Company is particularly significant given the current landscape of Nepal’s insurance industry. With the new Insurance Act 2079 and the increased focus on risk-based supervision and transparency, the demand for skilled actuarial professionals has grown substantially. By hiring an Actuarial Analyst, National Insurance Company is demonstrating its commitment to strengthening its risk management framework and enhancing its operational efficiency. This move also highlights the company’s efforts to remain competitive in a market where accurate pricing and effective risk management are paramount for sustained growth.
About National Insurance Company
National Insurance Company Limited is a well-established general insurance provider in Nepal, offering a wide array of products including motor, fire, marine, property, and health insurance. The company has a solid reputation for reliability, customer service, and financial security. The recruitment of an actuarial expert is consistent with the company’s vision to adopt modern risk management systems and fortify its market position in Nepal’s increasingly competitive insurance sector.
For eligible job seekers with a background in actuarial science, statistics, or mathematics, this vacancy represents a promising career opportunity to join a leading player in Nepal’s financial services industry. Applicants are encouraged to apply promptly to meet the September 21, 2025 deadline.
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